dealflow
envelope $200M

← Targets

University Health Truman Med Center

dba University Health Truman Medical Center · Kansas City, Jackson County, MO · CCN 260048
Licensed to Truman Medical Center Incorporated

Composite
56.1
rank score
Distress
57
FY2024
Fit
76
vs thesis
Estimated ticket
$110M–$442M
260 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin -10% to -5%
  • under 30 days cash on hand
  • current ratio under 1.5
  • debt above 70% of assets
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • large — ticket likely stretches the envelope
  • ticket size at the top of the envelope — would need leverage
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$628M
Operating margin -6.1%
Total margin 3.6%
Days cash on hand 0
Current ratio 1.13
Occupancy81%

Facility

Beds260
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 238 $525M $61.2M -8.5% 9.7% 0 174.94 87% 11,779 44
2022 248 $486M $16.8M -14.6% 2.9% 0 11.35 86% 11,211 50
2023 258 $541M $11.6M -13.5% 1.9% 0 27.88 78% 10,493 53
2024 260 $628M $24.7M -6.1% 3.6% 0 1.13 81% 10,873 57

Owners

OwnerRole%SinceType
Truman Medical Center Incorporated
Kansas City, MO
5% or greater direct ownership interest 100 1966-01
A.j. Hermann corporate director 2023-07
Akin Cil corporate director 2021-07
Alexander Norbash corporate director 2024-07
Benjamin Jones corporate director 2021-07
Beth Rosemergey corporate director 2023-07
Bonnaye Mims corporate director 2021-07
Charles Shields corporate officer 2014-07
Charles Shields w-2 managing employee 2010-07
Clyde Mcqueen corporate director 2024-07
Eileen Weir corporate director 2018-07
Guy Collier corporate director 2025-07
Jay Howard corporate director 2024-07
Jignesh Shah corporate director 2024-07
Jolie Justus corporate officer 2020-03
Jolie Justus w-2 managing employee 2020-03
Jon Otto corporate director 2016-07
Kamani Lankachandra corporate director 2024-07
Kimberly Beatty corporate director 2024-07
Laura Shockley corporate director 2005-08
Laura Shockley w-2 managing employee 2005-08
Lauren Arthur corporate director 2023-07
Madeleine Mcdonough corporate director 2023-07
Margaret Gibson corporate director 2025-07
Mark Steele corporate director 2010-07

Showing 25 of 35. Full list via /api/targets/260048.

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.

Who has been buying in MO

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2024-07-01 New Liberty Hospital Corporation New Liberty Hospital District Liberty Hospital 199
2024-01-01 Curators Of The University Of Missouri Capital Region Medical Center Univ Of Missouri Health Care 665
2024-01-01 Curators Of The University Of Missouri Capital Region Medical Center Univ Of Missouri Health Care 665